Ashoka Buildcon bags Rs 402 crore road projects in Jharkhand

Under the contract, the company would construct, rehabilitate and double the lanes with paved shoulders of Govindpur-Tundi-Giridih and Dumka-Hansidha roads in JharkhandPTI | February 26, 2016, 18:31 IST

"The company had bid for the projects floated by State Highways Authority of Jharkhand...The company has received Letters of Acceptance (LoA) for the projects," Ashoka Buildcon Ltd said in a BSE filing.

Under the contract, the company would construct, rehabilitate and double the lanes with paved shoulders of Govindpur-Tundi-Giridih and Dumka-Hansidha roads in Jharkhand.

"The accepted bid value of the projects is Rs 401.59 crore. These projects will be funded by Asian Development Bank (ADB)," the filing said.